BlueOne Card, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 14, 2023 at 02:21 pm EST
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BlueOne Card, Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net loss was USD 0.133105 million compared to USD 0.134865 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
For the nine months, net loss was USD 0.679535 million compared to USD 0.395983 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.04 a year ago.
BlueOne Card, Inc. is a reseller of an all-in-one prepaid, branded card. The Company provides payout solutions and prepaid debit card and gift card solutions to consumers and corporations, transforming card-to-card cross border real time global money transfers. The Company targets those customers who are unbanked, non-bankable, and who have needs crossing international borders. The Company's Program Manager offers prepaid, branded cards that provide consumer benefits, such as no overdraft fees, no interest fees, virtual bank accounts, and free direct deposit. It acts as a reseller of the Program Managerâs prepaid, branded cards pursuant to the reseller agreement. The Program Manager provides a global remittance network (GRN), which helps to connect any proprietary accounts or card systems to other systems worldwide. The Company markets the Program Managerâs products and services through an extensive network of sales representatives and through its Website, www.blueonecard.com.